Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers D > Headlines for Deutsche Bank AG, London Branch > News item |
Deutsche Bank plans digital payment notes linked to iShares MSCI EAFE
By Susanna Moon
Chicago, June 1 - Deutsche Bank AG, London Branch plans to price 0% digital payment securities due Dec. 12, 2013 linked to the iShares MSCI EAFE index fund, according to a 424B2 filing with the Securities and Exchange Commission.
If the fund finishes at or above the initial share price, the payout at maturity will be par plus $1,180 to $1,210 per $1,000 principal amount. The exact digital payment will be set at pricing.
Investors will receive par if the shares fall by up to 10% and will lose 1% for every 1% decline beyond 10%.
Deutsche Bank Securities Inc. is the agent.
The notes will price on June 8 and settle on June 13
The Cusip number is 2515A1KA8.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.